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  #721  
Old Posted Aug 11, 2018, 1:49 AM
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The "Battle of the Beasts" heats up...

50 Hudson Yards vs the Spiral
1,011 ft vs 1,031 ft



https://www.instagram.com/p/BmTCMgfh...by=luckygregor

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  #722  
Old Posted Aug 11, 2018, 3:18 AM
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Between the two horses, I'd gamble that the horse by the name of Spiral will leap to victory first. Jockey Ingel should be proud!
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  #723  
Old Posted Aug 11, 2018, 4:14 PM
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And let's not forget 3 Hudson, which is across from both. While it's not a supertall, it could still pose a threat at 940 ft.

As far as the Spiral goes, it will be fun watching these 3 go head to head as they rise. Any one could leapfrog ahead, given the potential for delays and shutdowns. And while the Spiral is another tower that brings life to the Hudson Yards, it's also directly tied to a large tower that will bring new life to midtown east.
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  #724  
Old Posted Aug 11, 2018, 4:38 PM
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its ok, but really needs more height and more spiral.


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  #725  
Old Posted Aug 12, 2018, 2:22 AM
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Massive tower...


https://m.big.dk/getslideshow/270/23




Closer look at the goings on...



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  #726  
Old Posted Aug 12, 2018, 2:58 AM
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Originally Posted by NYguy View Post
And let's not forget 3 Hudson, which is across from both. While it's not a supertall, it could still pose a threat at 940 ft.
Ah, so that's the other building there. I was wondering what building the steel going up was for since I don't see anyone here talking about it much.
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  #727  
Old Posted Aug 12, 2018, 3:13 AM
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Part of me was just thinking that if this never came to fruition, lets say like the Chicago Spire, if they would turn that giant hole into some sort of community pool display. Like NYC's version of the Fountains at Belagio. Now obviously they wouldn't as the land is worth to much and it would be squandered potential... but hey... it would be cool, and of course, a nice tourist magnet.


Makes me think a sort of fountain park would of look cool for HY Phase II instead of the conventional, safe park option.
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  #728  
Old Posted Aug 13, 2018, 10:21 PM
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Ah, so that's the other building there. I was wondering what building the steel going up was for since I don't see anyone here talking about it much.
That’s because the current design is ugly as sin. 3 Hudson is kinda that one building that we’re hoping if we ignore it long enough, it’ll go away

On a serious note though, the design has been heavily watered down compared to the original proposal, plus the developer (Joseph Moinian) is kind of a shady character and I believe he’s had trouble securing financing.
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  #729  
Old Posted Aug 13, 2018, 11:33 PM
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Moinian brought in Boston Properties as a partner and they've been hauling arse to finance. What they're having trouble with is attracting tenants, which in Hudson Yards is baffling.

Pfizer is coming here, so this tower has the added benefit of opening up their former digs for redevelopment on the opposite side of the island.
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  #730  
Old Posted Aug 16, 2018, 4:59 AM
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Little video clip in the link...


https://www.wsls.com/news/virginia/l...on-nyc-skyline

Lynchburg steel company to leave mark on N.Y.C. skyline
The company was chosen to produce the steel for a 65-story office tower


By Magdala Louissaint
August 15, 2018


Quote:
A local business is working on a big project in the big apple.

Lynchburg's Bankers Steel is in the process of fabricating to raise steel for a 65-story office tower in Manhattan.

The more than 1000-foot-tall building, called The Spiral, will be a significant part of New York City's skyline.

The chief operating officer for Banker Steel says they are excited, and grateful, to partner in the project.

"It's in the Hudson Yards area, which is the hottest developing area in the United States right now," said Chuck Mehalic, chief operating officer of Bankers Steel. "We're very fortunate to be partnering up with Tishman Speyer on this project."

Banker Steel hopes to be in full production by November.
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  #731  
Old Posted Aug 19, 2018, 9:41 PM
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Interesting read...


https://commercialobserver.com/2018/...at-the-spiral/

C&W’s Josh Kuriloff on How He Put Together the Pfizer Deal at The Spiral

BY LIAM LA GUERRE
JULY 24, 2018


Quote:
Kuriloff, 59, led his dozen-member C&W team to complete the deal at Tishman Speyer’s planned office skyscraper at The Spiral, at 66 Hudson Boulevard. The transaction was tricky because it required C&W to simultaneously sell the pharmaceutical conglomerate’s buildings at 219 and 235 East 42nd Street in Midtown East and lease back the space until Pfizer moves in 2022. (C&W’s Adam Spies and Josh King handled the $360 million sale of the buildings.)
Quote:
Pfizer wanted to sell its buildings when it signed its lease at The Spiral. How did your team handle both at the same time?

We needed to be completely integrated. One of the complexities of the Pfizer transaction was we couldn’t sign a lease until we sold their buildings and we couldn’t sell their buildings until we signed a lease. So we had two streams going on simultaneously and they had to match up perfectly at a moment in time. That was hard unto itself, trying to manage that process.

How long did the deals take to close?

We started the process with Pfizer three years ago. But the transaction took 16 months, which based on the size of that transaction is a relatively quick period of time.

What kind of office was Pfizer looking for?

Their current buildings are 55 years old. They were candidly outdated. And they, with Cushman & Wakefield, saw a moment in their journey to do something once in a generation, which was to curate a new building in New York for their business and their clients and their employees.

Why is it once in a generation?

They are currently on the East Side of Manhattan in the Grand Central District, as you know. They were keenly focused and very comfortable in staying in the East Side of Manhattan. They were very focused with that geography as they have been there for 55 years. And, respectfully, I suggested to them that we not only explore Midtown Manhattan and the East Side, but we also explore Hudson Yards and Downtown. Because effectively that’s where the new buildings are.

What was Pfizer’s initial impression of the Hudson Yards area?

When we went to Hudson Yards, one of the Pfizer senior people came to me and looked me in the eye and said, “What is Midtown Manhattan going to do to compete with Hudson Yards?”

Hudson Yards is a brand new subdistrict, but it really is a combination of green space, state-of-the-art office buildings, a $2 billion new 7 train [station] and it’s completely amentized and it is about placemaking—it is a mixed-community completely master planned. And they were very excited about having their employees and stakeholders have that kind of experience that they witnessed at Hudson Yards.

Did they have any trepidation about being pioneers in Hudson Yards?

Well, first you have to have vision. Pfizer wanted to do something transformative for their workplace so they viewed it as an opportunity and what was very clear when we toured the various buildings in Hudson Yards was they actually wanted to curate and be the anchor tenant of a new building. They wanted to create what we refer to in the industry as a “building within a building.” They wanted to have an exclusive lobby experience. They wanted to have escalators go to a sky lobby [on the mezzanine level]. They wanted to have their own exclusive elevators so that when you came into the building, you felt that you were coming into the Pfizer building. And that’s what we curated for them with Gensler, with Tishman Speyer, [and] with the Pfizer design and construction teams.

So Tishman Speyer had no problem with building a completely separate lobby and elevator bank just for Pfizer?

It was a pretty intense negotiation, and then who pays for it was an intense negotiation.

But [Tishman] wanted to collaborate. They actually came up with great ideas, of how to accomplish this, like how to help create the experience with the sky lobby. We had issues with it because the escalators go to a mezzanine level and there were all kinds of issues with slab heights and we changed the design of [Tishman’s] lobby by creating the sky lobby.
Quote:
How challenging is it to execute a lease on spec?

The complexity of doing a lease with a building that doesn’t exist—that you can’t walk into—you are in the major leagues. You’re dealing with hoist impact issues. You’re dealing with penalties or late delivery. You’re dealing with liquidated damages—all of those issues you don’t deal with in a normal lease. There’s two documents in a new building. There’s the lease, and then there is the work letter, and then you’ve got to review what are called DD [Design Development] drawings to make sure that you understand what you are getting, because it’s all on paper.

What kinds of issues did you encounter in the planning stages?

Pfizer wanted their own emergency day care center. Day care centers have zoning issues. So we worked on that for four months.

Are they getting a daycare center?

They are getting their daycare center.

How does this deal stack up against all of the other deals that you have done in your career?

It’s not the largest transaction I’ve ever done. But I can tell you it was the most fun [and] most inspirational—being able to anchor a new building with a quality developer like Tishman Speyer and one of the largest companies in the world after being in their home for 55 years.
Quote:
Were there any major conflicts that came up that could have put the Pfizer deal in jeopardy?

We had several curve balls. Things that happened unexpectedly. Nothing that I can talk about.

C’mon, let’s hear at least one. Can you talk about it without being too specific?

I’ll give you one. The Pfizer team was so excited about the opportunity, three-quarters of the way through negotiations they wanted to approach Tishman Speyer to actually speed up the construction of the building. And Tishman Speyer went to work and came up with two strategies of ways to do it. One would cost a lot of money to speed up the process, one would not cost [as much] money to speed up the process, and we picked the one that didn’t cost a lot of money.

Let me just say there were many sleepless nights. Many. And I can tell you that this team of 12 people, we worked over last Memorial Day Weekend, and to pitch the business, we worked over Thanksgiving [in 2016]. That’s how important winning this assignment was to us.
Quote:
How’s office leasing going at Manhattan West?

We’ve leased 3 million square feet at Manhattan West.

Recently, your team has leased office spaces to large firms like EY, Amazon and Accenture at Manhattan West. How are you able to convince them to come to Hudson Yards?

When I started in the business I used to say, “location, location, location.” Today, I say, “amenities, amenities, amenities.” It’s about the millennial generation. It’s about the war for talent. Your workplace has to be an asset to help you recruit and retain talent. And that is what master-planned communities like Hudson Yards has created. That’s what Brookfield have created at Manhattan West.

Many tenants don’t want all-glass buildings like those in Hudson Yards. They want the lofty spaces of Soho or the classic New York architecture found in Midtown South. So why are Hudson Yards’ glass buildings so attractive?

I think it depends on the industry [and] it depends on the client. For example, a certain technology company said to us that they would never go into a new glass curtain wall building, but at the same time, for Accenture or EY or a major law firm, a glass curtain wall building is what they want. They want that exact image. There is enough diversity and that is the beauty of New York right now.

In regards to the Pfizer deal, what specific developments did your team examine?

We were looking at the [World] Trade Center, we were looking at Hudson Yards [and] we were looking at One Vanderbilt. We were just looking at new construction in the city. They were very honed in on the benefits of new construction.

Was 2 World Trade Center not good enough for them? Why not move them there?

We explored [the World Trade Center] for Pfizer, and their decision was they felt Hudson Yards really met all of their objectives.

They could have met all of their objectives with One Vanderbilt and not even leave Midtown East. Why not there?

They were really wowed by the Hudson Yards master plan community. Again the amentization, the retail—they thought that their clients, key stakeholders and employee experience was really going to be unique and special at Hudson Yards.
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  #732  
Old Posted Aug 20, 2018, 3:33 AM
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Very good article.
That answers my concerns for 2 WTC and One Vanderbilt, both of which offer direct access to a major transit hub.

Also of interest was the all-curtain glass fascade vs stone.
If it were me, One Vanderbilt would be my pick.
Unparalleled views of the Chrysler building.
What’s not to like?
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  #733  
Old Posted Aug 20, 2018, 1:00 PM
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Very good article.
That answers my concerns for 2 WTC and One Vanderbilt, both of which offer direct access to a major transit hub.
I guess it had to do with the overall "newness" of the district, and still being in Midtown. But they were definitely checking out new construction. They had the opportunity to be very particular about what they wanted, and they got it. When you think about it, they could have gone the Chase route, but that's another headache.


Quote:
...We were just looking at new construction in the city. They were very honed in on the benefits of new construction.


...When we went to Hudson Yards, one of the Pfizer senior people came to me and looked me in the eye and said, “What is Midtown Manhattan going to do to compete with Hudson Yards?”


...Pfizer wanted to do something transformative for their workplace so they viewed it as an opportunity and what was very clear when we toured the various buildings in Hudson Yards was they actually wanted to curate and be the anchor tenant of a new building. They wanted to create what we refer to in the industry as a “building within a building.” They wanted to have an exclusive lobby experience. They wanted to have escalators go to a sky lobby [on the mezzanine level]. They wanted to have their own exclusive elevators...


Also interesting that they wanted to speed up construction. The process always looked like it was moving along at a pretty good pace to me, including the financing. I'm not sure what the option was they came along with to speed things up, but we'll be watching this one rise along with 50 and 3 Hudson.


https://www.instagram.com/p/Bmj3-qHD...n-by=designink

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  #734  
Old Posted Aug 20, 2018, 4:28 PM
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  #735  
Old Posted Aug 28, 2018, 4:18 PM
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Credit: Tectonic
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  #736  
Old Posted Aug 29, 2018, 2:50 AM
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Moving along nicely. Just a matter of time until it's "officially" under construction.
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  #737  
Old Posted Aug 31, 2018, 9:57 PM
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came across this old aerial photo of midtown. A nice historical parallel.


aerial view of midtown manhattan looking east february 1969 by eralsoto, on Flickr
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Last edited by Hudson11; Aug 31, 2018 at 10:11 PM.
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  #738  
Old Posted Sep 4, 2018, 3:21 PM
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  #739  
Old Posted Sep 20, 2018, 4:41 AM
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Don't know who this is for, but cool shots...


https://www.instagram.com/p/Bn5Ggzhl...n-by=ozedigger






















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  #740  
Old Posted Sep 20, 2018, 1:25 PM
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That crane is insane. A true marvel of engineering. Rental for a crane of that size is $40,000 for one day. Just to extend the boom, I'm told it eats up 5% of its fuel.
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